New Delhi, Oct. 6 -- Three people were recently arrested in Delhi for allegedly supplying and using mule bank accounts to facilitate cyber fraud. According to the allegations, the account holders provided access to their bank accounts to receive proceeds from cyber fraud in exchange for commissions.

In a separate case, police in Maharashtra's Thane district busted a cyberfraud syndicate allegedly involved in fraudulent transactions worth Rs.57.25 crore through several mule accounts.

A mule account is a bank or financial account used by criminals to receive, hold or transfer illegally obtained money. Such accounts can be operated by the criminals themselves or by individuals who knowingly or unknowingly allow their accounts to be used fo...